Unused Sick Days. When an employee who has five (5) years' service in the district retires or resigns from the district, the employee shall receive a final payment of twelve and one-half dollars ($12.50) for each accumulated unused sick day. A death benefit of $125.00 or $12.50 for each accumulated unused sick day, whichever is greater, shall be paid to the estate of an employee within thirty (30) days of death.
Unused Sick Days. Any employee retiring from the District in accordance with the State of Michigan Retirement Program shall be compensated forty ($40.00) dollars a day for each accumulated day of unused sick leave.
Unused Sick Days. When a teacher who has ten- (10) years' service in the District retires or resigns from the District, the teacher shall receive a final payment of twenty-two dollars ($22.00) for each accumulated unused sick day. Should an eligible employee die, this payment shall be made to the employee's estate.
Unused Sick Days a. The employee shall be entitled to apply any or all of his/her accumulated sick leave days upon retirement for additional service credit with the Illinois Teachers’ Retirement System in accordance with the maximum amount of additional service credit allowable under applicable TRS rules and regulations.
Unused Sick Days. Any employee retiring from the District in accordance with the Michigan Public School Employees Retirement System (MPSERS) shall be compensated twenty-five percent (25%) of their daily rate per day for each accumulated day of unused sick leave.
Unused Sick Days. 1. This section becomes effective when a teacher has at least 60 accumulated sick days.
Unused Sick Days. Employees who have completed ten (10) full years of employment for the District will be paid upon retirement to IMRF from the District thirty dollars ($30.00) per day for unused sick days, provided that the employee has maximized their IMRF service credit and has unused sick days remaining. Any amount over the IMRF Earnings Limitation shall be paid post retirement.
Unused Sick Days. Maintenance personnel shall be compensated at the rate of $80 per day for sick days not taken. Each employee is entitled to 10 days sick leave. Thus, if someone takes only 7 days of sick leave, he/she will receive $240 (3 x $80) at the end of the contract year (i.e., on August 31); (4)
Unused Sick Days. Upon retiring from the District, in accordance with the regulations of the appropriate provisions of the Illinois Municipal Retirement Fund (IMRF) Act, full-time employees shall receive twenty-nine dollars ($29.00) for each unused sick day accumulated to two hundred forty (240) days. Similarly, part-time employees who work at least four (4) hours per day but less than six (6) hours per day shall receive fourteen dollars ($14.00) for each unused sick leave day accumulated to two hundred forty (240) days. Part-time employees who work at least six (6) hours per day but less than full-time shall receive twenty-one ($21.00) for each unused sick leave day accumulated to two hundred forty (240) days. Pay for unused sick leave days shall only be available for those days not used for creditable service with IMRF.
Unused Sick Days. Any Employee who is retiring or resigning from the District shall be compensated forty ($40) dollars per day. Payment under this section shall be made to a 403(b) plan account designated by the Employee. There shall be no cash option to this employer 403(b) contribution.
